UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D. C. 20549

                                   FORM 10-K/A

                                 AMENDMENT NO. 1

(Mark One)

[x] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

                   For the fiscal year ended December 31, 2001

                                       OR

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

                        For the transition period from to

                         Commission file number 0-19139

                           CNL INCOME FUND VIII, LTD.
             (Exact name of registrant as specified in its charter)

      Florida                                           59-2963338
(State or other jurisdiction of            (I.R.S. Employer Identification No.)
incorporation or organization)

                             450 South Orange Avenue
                           Orlando, Florida 32801-3336
          (Address of principal executive offices, including zip code)

       Registrant's telephone number, including area code: (407) 540-2000

          Securities registered pursuant to Section 12 (b) of the Act:

       Title of each class:               Name of exchange on which registered:
             None                                     Not Applicable

           Securities registered pursuant to Section 12(g) of the Act:

               Units of limited partnership interest ($1 per Unit)
                                (Title of class)

         Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934 during the preceding 12 months (or such shorter  period that the registrant
was  required  to file such  reports),  and (2) has been  subject to such filing
requirements for the past 90 days: Yes X No

         Indicate by check mark if disclosure of delinquent  filers  pursuant to
Item 405 of Regulation S-K is not contained  herein,  and will not be contained,
to the best of  registrant's  knowledge,  in  definitive  proxy  or  information
statements  incorporated  by  reference  in Part  III of this  Form  10-K or any
amendment to this Form 10-K. [x]

         Aggregate market value of the voting stock held by nonaffiliates of the
registrant: The registrant registered an offering of 35,000,000 units of limited
partnership  interest  (the  "Units") on Form S-11 under the  Securities  Act of
1933, as amended. Since no established market for such Units exists, there is no
market value for such Units. Each Unit was originally sold at $1 per Unit.

                      DOCUMENTS INCORPORATED BY REFERENCE:
                                      None


The Form 10-K of CNL Income Fund VIII,  Ltd.  (the  "Partnership")  for the year
ended December 31, 2001, is being amended to include, in Item 14(a) 2., Schedule
III - Real Estate and Accumulated  Depreciation  at December 31, 2001.  Schedule
III was  inadvertently  omitted at the time the Partnership  filed its Form 10-K
for the year ended December 31, 2001.



                                     PART IV


Item 14.  Exhibits, Financial Statement Schedules and Reports on Form 8-K

(a)      The following documents are filed as part of this report.

         1.   Financial Statements

                  Report of Independent Certified Public Accountants

                  Balance Sheets at December 31, 2001 and 2000

                  Statements of Income for the years ended December 31, 2001,
                  2000, and 1999

                  Statements of Partners' Capital for the years ended December
                  31, 2001, 2000, and 1999

                  Statements of Cash Flows for the years ended December 31,
                  2001, 2000, and 1999

                  Notes to Financial Statements

         2.   Financial Statement Schedules

                  Schedule III - Real Estate and Accumulated Depreciation at
                  December 31, 2001

                  Notes to Schedule III - Real Estate and Accumulated
                  Depreciation at December 31, 2001

                  Schedule IV - Mortgage Loans on Real Estate at December 31,
                  2001

                  All other Schedules are omitted as the required information is
                  inapplicable  or is presented in the  financial  statements or
                  notes thereto.



                                   SIGNATURES


         Pursuant to the  requirements  of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the  undersigned,  thereunto duly  authorized,  on the 31st day of
May, 2002.

                                       CNL INCOME FUND VIII, LTD.

                                       By:      CNL REALTY CORPORATION
                                                General Partner

                                                /s/ Robert A. Bourne
                                                ---------------------------
                                                ROBERT A. BOURNE, President


                                       By:      ROBERT A. BOURNE
                                                General Partner

                                                /s/ Robert A. Bourne
                                                ---------------------------
                                                ROBERT A. BOURNE


                                       By:      JAMES M. SENEFF, JR.
                                                General Partner

                                                /s/ James M. Seneff, Jr.
                                                ---------------------------
                                                JAMES M. SENEFF, JR.



         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
this  report has been  signed  below by the  following  persons on behalf of the
Registrant and in the capacities and on the dates indicated.
<TABLE>
<CAPTION>

     Signature                                  Title                                  Date

 <c>


/s/ Robert A. Bourne            President,   Treasurer   and   Director             May 31, 2002
Robert A. Bourne                (Principal   Financial  and  Accounting
                                Officer)

/s/ James M. Seneff, Jr.        Chief  Executive  Officer and  Director             May 31, 2002
James M. Seneff, Jr.            (Principal Executive Officer)

</TABLE>


                           CNL INCOME FUND VIII, LTD.
                         (A Florida Limited Partnership)
             SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION
                                December 31, 2001
<TABLE>
<CAPTION>


                                                                   Costs Capitalized
                                                                     Subsequent To      Net Cost Basis at Which
                                                  Initial Cost       Acquisition      Carried at Close of Period (c)
                                       ----------------------- -------------------------------------------------------
                           Encum-                  Buildings anImprove-    Carrying            Buildings and
                          brances         Land      Improvements ments     Costs     Land      Improvements  Total
                          ---------    ----------- ----------------------  ------  ----------  -----------------------

 <c>
Properties the Partnership
  has Invested in Under
  Operating Leases:

    Bennigan's Restaurant
      Deerfield, Illinois    -         $1,296,452           -  $1,156,526      -   $1,296,452  $1,156,526  $2,452,978

    Burger King Restaurants:
      Brandon, Florida       -            478,467           -          -       -     478,467          (f)     478,467
      New City, New York     -            372,977           -    557,832       -     372,977     557,832      930,809
      Mansfield, Ohio        -            377,395           -    496,524       -     377,395     496,524      873,919
      Syracuse, New York     -            363,431           -    485,920       -     363,431     485,920      849,351
      New Philadelphia, Ohio -            310,920           -    523,967       -     310,920     523,967      834,887
      Baseball City, Florida -g)          394,813           -          -       -     394,813          (f)     394,813

    Denny's Restaurant:
      Tiffin, Ohio           -            143,592     335,971          -       -     143,592     335,971      479,563

    Golden Corral Family
      Steakhouse Restaurants:
          College Station, Te-as          517,623           -    877,505       -     517,623     877,505    1,395,128
          Houston, Texas     -            663,999           -  1,129,910       -     663,999   1,129,910    1,793,909
          Beaumont, Texas    -            552,646           -    893,054       -     552,646     893,054    1,445,700
          Grand Prairie, Texa-            681,824           -    914,235       -     681,824     914,235    1,596,059

    Hardee's Restaurant:
      Jefferson, Ohio        -            150,587           -          -       -     150,587          (f)     150,587

    Jack in the Box Restaurants:
      Waco, Texas            -            412,942           -          -       -     412,942          (f)     412,942
      Mesa, Arizona          -            609,921           -          -       -     609,921          (f)     609,921

    KFC Restaurant:
      Norton Shores, Michigan-            177,897           -          -       -     177,897          (f)     177,897

    Perkins Restaurant:
      Memphis, Tennessee     -            431,065           -          -       -     431,065          (f)     431,065

    Pizza Hut Restaurant:
      Hialeah, Florida       -            279,235     193,004          -       -     279,235     193,004      472,239

    Shoney's Restaurants:
      Memphis, Tennessee     -            368,290     601,660          -       -     368,290     601,660      969,950


    Wendy's Old Fashioned
      Hamburger Restaurant:
          Midlothian, Virgini-            365,601           -    477,745       -     365,601     477,745      843,346

    Other:
      North Fort Myers, Flori-a           398,423     425,676          -       -     398,423     425,676      824,099
                                       ----------- ----------- ----------  ------  ----------  ----------  -----------

                                       $9,348,100  $1,556,311  $7,513,218      -   $9,348,100  $9,069,529  $18,417,629
                                       =========== =========== ==========  ======  ==========  ==========  ===========

Properties of Joint Venture in Which
   the Partnership has a 85.54%
   Interest and has Invested in
   Under an Operating Leases:

    Burger King Restaurant:
        Asheville, North Caro-ina        $438,695    $450,432   $      -   $   -    $438,695    $450,432     $889,127
                                       =========== =========== ==========  ======  ==========  ==========  ===========

Property in Which the Partner-
    ship has a 66% Interest as
    Tenants-in-Common and
    has Invested in Under an
    Operating Lease:

    Bakers Square Restaurant
      Libertyville, Illinois -           $624,626    $830,023   $      -   $   -    $624,626    $830,023   $1,454,649
                                       =========== =========== ==========  ======  ==========  ==========  ===========

Properties of Joint Venture in Which
   the Partnership has a 36.8%
   Interest and has Invested in
   Under an Operating Leases:

    Burger King Restaurants:
        Columbus, Ohio       -           $345,696    $651,985   $      -   $   -    $345,696    $651,985     $997,681
        San Antonio, Texas   -            350,479     623,615          -       -     350,479     623,615      974,094
        Pontiac, Michigan    -            277,192     982,200          -       -     277,192     982,200    1,259,392
        Raceland, Louisiana  -            174,019     986,879          -       -     174,019     986,879    1,160,898
        New Castle, Indiana  -            264,239     662,265          -       -     264,239     662,265      926,504
        Hastings, Minnesota  -            155,553     657,159          -       -     155,553     657,159      812,712
                                       ----------- ----------- ----------  ------  ----------  ----------  -----------

                                       $1,567,178  $4,564,103   $      -   $   -   $1,567,178  $4,564,103  $6,131,281
                                       =========== =========== ==========  ======  ==========  ==========  ===========

Property of Joint Venture in Which
    the Partnership has a 34%
    Interest and has Invested in
    Under an Operating Lease:

      IHOP Restaurant
          Bossier City, Louisiana        $453,016    $866,192   $      -   $   -    $453,016    $866,192   $1,319,208
                                       =========== =========== ==========  ======  ==========  ==========  ===========

Property of Joint Venture in Which
   the Partnership has a 10.00%
   Interest and has Invested in
   Under an Operating Lease:

    Golden Corral Family
           Steakhouse Restaurant:
            Kokomo, Indiana  -           $644,163  $1,467,848        $ -     $ -    $644,163   $1,467,848  $2,112,011
                                       =========== =========== ==========  ======  ==========  ==========  ===========

Property in Which the Partner-
    ship has a 17.00% Interest as
    Tenants-in-Common and
    has Invested in Under an
    Operating Lease:

    Jack in the Box Restaurants:
      Walker, Lousianna      -           $505,160    $861,245        $ -     $ -    $505,160    $861,245   $1,366,405
                                       =========== =========== ==========  ======  ==========  ==========  ===========

Property in Which the Partner-
    ship has a 19.30% Interest as
    Tenants-in-Common and
    has Invested in Under an
    Operating Lease:

    Bennigan's Restaurants:
      Denver, Colorado       -           $790,620  $1,398,252        $ -     $ -    $790,620   $1,398,252  $2,188,872
                                       =========== =========== ==========  ======  ==========  ==========  ===========

Properties the Partnership has
   Invested in Under Direct
   Financing Leases:

    Burger King Restaurants:
        Brandon, Florida     -           $      -           -   $483,107   $   -    $      -          (f)          (f)
        Baseball City, Florid- (g)              -           -    551,446       -           -          (f)          (f)

    Hardee's  Restaurants:
        Brunswick, Ohio      -            116,199     457,907          -       -          (f)         (f)          (f)
        Grafton, Ohio        -             66,092     411,798          -       -          (f)         (f)          (f)
        Jefferson, Ohio      -                  -     443,444          -       -           -          (f)          (f)
        Lexington, Ohio      -            124,707     433,264          -       -          (f)         (f)          (f)

    Jack in the Box Restaurants:
        Waco, Texas          -                  -           -    406,745       -           -          (f)          (f)
        Mesa, Arizona        -                  -     561,477          -       -           -          (f)          (f)

    KFC Restaurants:
        Grand Rapids, Michiga-            169,175     620,623          -       -          (f)         (f)          (f)
        Norton Shores, Michig-n                 -     509,228          -       -           -          (f)          (f)

    Perkins Restaurant:
        Memphis, Tennessee   -                  -           -    594,154       -           -          (f)          (f)
                                       ----------- ----------- ----------  ------  ----------

                                         $476,173  $3,437,741  $2,035,452  $   -   $       -
                                       =========== =========== ==========  ======  ==========

</TABLE>






                                   Life on Which
                                   Depreciation in
              Date                 Latest Income
Accumulated  of Con-    Date       Statement is
Depreciation structionAcquired      Computed
------------ -------  ---------    ----------





    $54,614   2000     07/00          (b)


          -   1991     10/90          (d)
     84,221   1977     03/91          (i)
     74,965   1989     03/91          (i)
     73,364   1987     03/91          (i)
     79,108   1989     03/91          (i)
          -   1991     02/91          (d)


     98,742   1990     03/91          (h)



    330,567   1990     09/90          (b)
    414,713   1990     10/90          (b)
    344,662   1990     11/90          (b)
    343,652   1990     11/90          (b)


          -   1990     11/90          (d)


          -   1991     11/90          (d)
          -   1991     02/92          (d)


          -   1990     03/91          (d)


          -   1990     11/90          (d)


      8,042   2000     10/00          (b)


    208,356   1991     08/91          (b)




    170,548   1991     03/91          (b)


     10,292   1991     09/95          (j)
------------

 $2,295,846
============







   $161,990   1986     03/91          (b)
============








    $39,195  10/99      8/00          (b)
============







   $223,044   1986     09/91          (b)
    213,339   1986     09/91          (b)
    336,011   1987     09/91          (b)
    337,612   1988     09/91          (b)
    226,561   1988     09/91          (b)
    224,816   1990     09/91          (b)
------------

 $1,561,383
============







    $62,290   1998     11/99          (b)
============








    $36,696  12/00      4/01          (b)
============








    $14,354   6/01      6/01          (b)
============








    $23,304   7/01      7/01          (b)
============






         (d)  1991     10/90          (d)
         (d)  1991     02/91          (d)


         (e)  1990     11/90          (e)
         (e)  1990     11/90          (e)
         (d)  1990     11/90          (d)
         (e)  1990     11/90          (e)


         (d)  1991     11/90          (d)
         (d)  1991     02/92          (d)


         (e)  1990     02/91          (e)
         (d)  1990     03/91          (d)


         (d)  1990     11/90          (d)



                           CNL INCOME FUND VIII, LTD.
                         (A Florida Limited Partnership)

        NOTES TO SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION

                                December 31, 2001


(a)  Transactions in real estate and accumulated depreciation during 2001, 2000,
     and 1999, are summarized as follows:
<TABLE>
<CAPTION>

                                                                                              Accumulated
                                                                              Cost            Depreciation
                                                                         ----------------   -------------------

 <c>
            Properties the Partnership has Invested in Under
              Operating Leases:

                 Balance, December 31, 1998                                 $ 17,454,788        $  1,685,510
                 Depreciation expense                                                 --             300,188
                                                                         ----------------   -------------------

                 Balance, December 31, 1999                                   17,454,788           1,985,698
                 Dispositions                                                 (2,130,827 )          (315,177 )
                 Acquisitions                                                  2,925,217                  --
                 Depreciation expense                                                 --             303,352
                                                                         ----------------   -------------------

                 Balance, December 31, 2000                                   18,249,178           1,973,873
                 Reclassified to operating lease(j)                              425,676                  --
                 Dispositions                                                   (257,225 )                --
                 Depreciation expense                                                 --             321,973
                                                                         ----------------   -----------------

                 Balance, December 31, 2001                                 $ 18,417,629        $  2,295,846
                                                                         ================   =================

            Property of Joint Venture in Which the Partnership has
              an 85.54% Interest and has Invested in Under an
              Operating Lease:

                 Balance, December 31, 1998                                  $   889,127         $   116,948
                 Depreciation expense                                                 --              15,014
                                                                         ----------------   -----------------

                 Balance, December 31, 1999                                      889,127             131,962
                 Depreciation expense                                                 --              15,014
                                                                         ----------------   -----------------

                 Balance, December 31, 2000                                      889,127             146,976
                 Depreciation expense                                                 --              15,014
                                                                         ----------------   -----------------

                 Balance, December 31, 2001                                  $   889,127         $   161,990
                                                                         ================   =================
</TABLE>

                           CNL INCOME FUND VIII, LTD.
                         (A Florida Limited Partnership)

               NOTES TO SCHEDULE III - REAL ESTATE AND ACCUMULATED
                            DEPRECIATION - CONTINUED

                                December 31, 2001
<TABLE>
<CAPTION>

                                                                                              Accumulated
                                                                              Cost            Depreciation
                                                                         ----------------   -----------------

 <c>
            Property in Which the Partnership has a 66% Interest
              and has Invested in Under an Operating Lease

                 Balance, December 31, 1999                                     $     --            $     --
                 Acquisition                                                   1,454,649                  --
                 Depreciation expense                                                 --              11,528
                                                                         ----------------   -----------------

                 Balance, December 31, 2000                                    1,454,649              11,528
                 Depreciation expense                                                 --              27,667
                                                                         ----------------   -----------------

                 Balance, December 31, 2001                                 $  1,454,649         $    39,195
                                                                         ================   =================

            Property of Joint Venture in Which the Partnership has
               36.8% Interest and has Invested in Under Operating
              Leases:

                 Balance, December 31, 1998                                 $  6,131,281        $  1,104,972
                 Depreciation expense                                                 --             152,137
                                                                         ----------------   -----------------

                 Balance, December 31, 1999                                    6,131,281           1,257,109
                 Depreciation expense                                                 --             152,137
                                                                         ----------------   -----------------

                 Balance, December 31, 2000                                    6,131,281           1,409,246
                 Depreciation expense                                                 --             152,137
                                                                         ----------------   -----------------

                 Balance, December 31, 2001                                 $  6,131,281        $  1,561,383
                                                                         ================   =================

            Property of Joint Venture in Which the Partnership has
              a 34% Interest and has Invested in Under an
              Operating Lease

                 Balance, December 31, 1998                                     $     --            $     --
                 Acquisition                                                   1,319,208                  --
                 Depreciation expense                                                 --               4,542
                                                                         ----------------   -----------------

                 Balance, December 31, 1999                                    1,319,208               4,542
                 Depreciation expense                                                 --              28,874
                                                                         ----------------   -----------------

                 Balance, December 31 2000                                     1,319,208              33,416
                 Depreciation expense                                                 --              28,874
                                                                         ----------------   -----------------

                 Balance, December 31, 2001                                 $  1,319,208         $    62,290
                                                                         ================   =================
</TABLE>

                           CNL INCOME FUND VIII, LTD.
                         (A Florida Limited Partnership)

               NOTES TO SCHEDULE III - REAL ESTATE AND ACCUMULATED
                            DEPRECIATION - CONTINUED

                                December 31, 2001
<TABLE>
<CAPTION>

                                                                                              Accumulated
                                                                              Cost            Depreciation
                                                                         ----------------   -----------------

 <c>
            Property of Joint Venture in Which the Partnership has
              a 10% Interest and has Invested in Under an
              Operating Lease:

                 Balance, December 31, 2000                                     $     --            $     --
                 Acquisition (k)                                               2,112,011                  --
                 Depreciation expense                                                 --              36,696
                                                                         ----------------   -----------------

                 Balance, December 31, 2001                                 $  2,112,011         $    36,696
                                                                         ================   =================

            Property in Which the Partnership has a 17% Interest
              and has Invested in Under an Operating Lease:

                 Balance, December 31, 2000                                     $     --            $     --
                 Acquisition                                                   1,366,405                  --
                 Depreciation expense                                                 --              14,354
                                                                         ----------------   -----------------

                 Balance, December 31, 2001                                 $  1,366,405         $    14,354
                                                                         ================   =================

            Property in Which the Partnership has a 19.3% Interest
              and has Invested in Under an Operating Lease:

                 Balance, December 31, 2000                                     $     --            $     --
                 Acquisition                                                   2,188,872                  --
                 Depreciation expense                                                 --              23,304
                                                                         ----------------   -----------------

                 Balance, December 31, 2001                                 $  2,188,872         $    23,304
                                                                         ================   =================
</TABLE>


(b)      Depreciation  expense is computed for buildings and improvements  based
         upon estimated lives of 30 years.

(c)      As of December 31, 2001, the aggregate cost of the Properties  owned by
         the  Partnership   and  its   consolidated   joint  venture,   and  the
         unconsolidated  joint  ventures  for federal  income tax  purposes  was
         $24,018,253  and  $15,549,570,  respectively.  All  of the  leases  are
         treated as operating leases for federal income tax purposes.

(d)      The portion of the lease  relating to the building has been recorded as
         a direct financing lease. The cost of the building has been included in
         the net investment in direct financing lease;  therefore,  depreciation
         is not applicable.

(e)      The lease for land and building has been recorded as a direct financing
         lease.  The cost of the  land and  building  has been  included  in net
         investment in direct financing leases;  therefore,  depreciation is not
         applicable.

                           CNL INCOME FUND VIII, LTD.
                         (A Florida Limited Partnership)

               NOTES TO SCHEDULE III - REAL ESTATE AND ACCUMULATED
                            DEPRECIATION - CONTINUED

                                December 31, 2001

(f)      Certain components of the lease relating to land and building have been
         recorded as a direct  financing lease.  Accordingly,  costs relating to
         these components of this lease are not shown.

(g)      The  restaurant on this Property was  converted  from a Popeyes  Famous
         Fried Chicken Restaurant to a Burger King restaurant in February 1993.

(h)      Effective  January 1, 1994,  the lease for this  Property  was amended,
         resulting in the  reclassification of the building portion of the lease
         as an operating  lease.  The building was recorded at net book value as
         of January 1, 1994, and depreciated  over its remaining  estimated life
         of approximately 27 years.

(i)      Effective  August 1, 1998,  the lease for this  Property  was  amended,
         resulting in the  reclassification of the building portion of the lease
         as an operating  lease.  The building was recorded at net book value as
         of August 1, 1998, and depreciated over its remaining estimated life of
         approximately 23 years.

(j)      Effective  July 16, 2001,  the lease for this Property was  terminated,
         resulting in the  reclassification of the building portion of the lease
         as an operating  lease.  The building was recorded at net book value as
         of July 16, 2001, and depreciated over its remaining  estimated life of
         approximately 24 years.

(k)      During the year ended December 31, 2001, the Partnership and affiliates
         of the  General  Partners,  as  tenant-in-common,  purchased  land  and
         building from CNL BB Corp., an affiliate of the General  Partners,  for
         an aggregate cost of $2,112,011.



                           CNL INCOME FUND VIII, LTD.
                         (A Florida Limited Partnership)

                   SCHEDULE IV - MORTGAGE LOANS ON REAL ESTATE

                                December 31, 2001
<TABLE>
<CAPTION>

                                                                                                                    Principal
                                                                                                                      Amount
                                                                                                                     of Loans
                                                                                                                    Subject to
                                                                                                  Carrying          Delinquent
                                   Final         Periodic                         Face           Amount of         Principal or
                Interest          Maturity       Payment         Prior          Amount of        Mortgages         Description
                  Rate              Date          Terms          Liens          Mortgages           (1)              Interest
                ----------    ---------------   -----------    -----------    --------------    -------------     ---------------

 <c>
Ponderosa
Orlando, FL
First Mortgage   10.75%         October 2011       (2)              $  --       $ 1,388,568        $ 926,080             $    --
                                                               ===========    ==============    =============     ===============
</TABLE>


(1)      The tax carrying value notes is $917,857.

(2)      Monthly  payments of $12,633 were  consisting of principal and interest
         at an annual rate of 10.75%.  During 1999, the  Partnership  received a
         prepaid  principal  payment from the  borrower  that was applied to the
         unpaid principal balance, reflected in the carrying amount of mortgage.

(3)      The changes in the carrying amounts are summarized as follows:
<TABLE>
<CAPTION>

                                                     2001            2000            1999
                                                 -------------   -------------   --------------

 <c>
                Balance at beginning of
                     period                        $1,424,436      $1,473,571       $1,811,726

                Interest earned                       131,931         150,897          162,182

                Collection of principal and
                     interest                        (630,287 )      (200,032 )       (500,337 )
                                                 -------------   -------------   --------------

                Balance at end of period            $ 926,080      $1,424,436       $1,473,571
                                                 =============   =============   ==============
</TABLE>